Expenditure on Consumption by Pensioner Households in Austria

Thomas Url and Michael Wüger
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Thomas Url: WIFO
Michael Wüger: WIFO
Authors registered in the RePEc Author Service: Michael Wueger

WIFO Monatsberichte (monthly reports), 2005, vol. 78, issue 11, pages 775-782

Abstract: The life cycle model for consumption predicts a steadily rising level of consumption regardless of age and current income. Empirical studies from the Anglo-Saxon countries and Germany, however, contradict the theory behind this model. An analysis of the consumer survey carried out by Statistics Austria allows comparing consumer spending by Austrian pensioner households, i.e., those households whose head is aged 60 or above, to working age households.

Keywords: Privater; Konsum; Pensionsalter; Konsumstruktur (search for similar items in EconPapers)
Date: 2005

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